-
MarketWatch
|
May 29, 08 3:05 PM CDT
(Newser) -
Microsoft and CEO Steve Ballmer are facing a scary, new post-Bill-Gates world, Therese Poletti writes on MarketWatch. On a panel at the All Things Digital conference earlier this week, Ballmer and Gates fielded questions about Microsoft’s failed Yahoo bid and unpopular Vista operating system. “Ballmer and indeed Microsoft face many challenges on the road ahead,” comments Poletti.
More »
-
-
CNET
|
May 29, 08 10:49 AM CDT
(Newser) -
Microsoft’s lack of experience in “buying big things” is a major reason the company didn’t seal its buyout of Yahoo, media mogul Rupert Murdoch tells CNET, who adds he was “mystified” at the lack of a deal. An alliance between Yahoo and Google—"just gushing money"—still seems possible, the News Corp. CEO said, barring a regulatory kibosh.
More »
-
PC World
|
May 27, 08 8:50 PM CDT
(Newser) -
Yahoo is suing a group of unidentified spammers who’ve sent emails claiming to be from the "Yahoo International Lottery Organization," soliciting personal information and sometimes money from purported lottery winners. Yahoo is seeking damages for fraudulent use of its trademarks, but it might prove hard to identify the scammers, especially if they’re located outside the US, PC World reports.
More »
-
Associated Press
|
May 25, 08 8:57 AM CDT
(Newser) -
Microsoft is ending its searchable book-scanning process, leaving the task of digitizing libraries’ worth of text to Google, AP reports. The move follows Yahoo’s rejection of Microsoft’s takeover bid and suggests a new direction for the struggling online component of the world’s software king. Microsoft joined the book-scanning race in 2005, supporting a Yahoo effort. It started its own operation the following year.
More »
-
-
Forbes
|
May 23, 08 9:15 AM CDT
(Newser) -
Yahoo has pushed back its annual shareholder meeting for a second time, reports Forbes , delaying a showdown for control of its board. One of Yahoo's 10 directors resigned yesterday, leaving nine up for re-election at the meeting. Carl Icahn has nominated an alternate slate of directors, including himself, and will try to push through a deal with Microsoft if victorious.
More »
-
New York Times
|
May 22, 08 9:35 AM CDT
(Newser) -
An advertising deal between Google and Yahoo is certain to stir the Justice Department’s antitrust division into action, no matter what the two do to address concerns, experts anticipating a partnership between the two Internet leaders tell the New York Times . Google says a deal would simply be a supply matter, with parallels in other industries.
More »
-
Wall Street Journal
|
May 21, 08 10:46 AM CDT
(Newser) -
Having largely abandoned its bid to buy, in the form of Yahoo, a significant presence in the Internet search business, Microsoft now will give customers money back when they buy items through its Live.com search portal, the Wall Street Journal reports. To be made official today, the move makes clear Microsoft isn't giving up on its search ambitions.
More »
-
Wall Street Journal
|
May 21, 08 7:59 AM CDT
(Newser) -
Carl Icahn's proxy bid to replace Yahoo’s board won the backing of legendary oilman T. Boone Pickens yesterday, reports the Wall Street Journal, but without a firm offer from Microsoft to acquire Yahoo the effort could still struggle . "I'll jump in with Carl. He goes in first, I jump in behind him," Pickens told CNBC.
More »
-
Wall Street Journal
|
May 20, 08 10:08 AM CDT
(Newser) -
Yahoo needs to sell to Microsoft, or it’ll wind up a cautionary tale, writes Dennis Berman in the Wall Street Journal. Yahoo currently trades at 48 times earnings—for comparison, GE trades at 15 times earnings, and Google at 33, even though both are growing faster than Yahoo’s sad 9% rate. Lagging in growth isn’t a recipe for success: just ask AOL.
More »
-
Wall Street Journal
|
May 19, 08 9:09 PM CDT
(Newser) -
Microsoft's new offer to Yahoo includes breaking up the company and buying its search-advertising business, notions that have left Yahoo execs cold, the Wall Street Journal reports. Under the plan, Yahoo would sell its Asian assets and let Microsoft buy a minority stake in what's left of the company.
More »
-
Wall Street Journal
|
May 18, 08 4:05 PM CDT
(Newser) -
Microsoft is back at Yahoo's bargaining table, this time seeking a partial acquisition of the Internet portal, the Wall Street Journal reports. Buyout talks fizzled earlier this month, but billionaire Carl Icahn's push for a proxy war has left Yahoo honchos feeling shareholder pressure to cut a deal, though today they warned one may not happen.
More »
-
Wall Street Journal
|
May 15, 08 9:28 PM CDT
(Newser) -
Hours after Carl Icahn began his quest to take over Yahoo’s board, the company issued a statement saying he has a "significant misunderstanding" of the recent Microsoft purchase offer, the Wall Street Journal reports. Icahn wants to unseat the current Yahoo board, replace it with one of his own, and force the company to try to forge a deal with Microsoft.
More »
-
Reuters
|
May 14, 08 6:36 PM CDT
(Newser) -
Billionaire investor Carl Icahn will move ahead with his plan to unseat Yahoo's current board of directors and force a sale to Microsoft, Reuters reports. Icahn, who has bought about 50 million Yahoo shares since Microsoft withdrew its offer May 3, has lined up 12 members for his dissident board ahead of tomorrow's deadline. The move is risky because Microsoft has given no indication whether it will renew its offer for a new board.
More »
-
MarketWatch
|
May 14, 08 2:51 PM CDT
(Newser) -
Analysts are doubtful financier Carl Icahn could successfully force Yahoo back to the table with Microsoft after taking a stake in the search giant, MarketWatch reports. "A successful proxy battle is a bit like a scorched earth policy,' one analyst says. " You may win the battle but what you ultimately win will be so damaged that it wasn't worth fighting for."
More »
-